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<p>[QUOTE=&quot;Sallent, post: 2527081, member: 76194&quot;]One of the tactics I&#039;ve seen these people use to lie to the public is through lectures on how the Roman Empire &#039;s devaluation of the denarius led to the collapse of the state, and try to link it to the US leaving the silver standard in 1964 as proof of imminent collapse.</p><p><br /></p><p>One problem though, I&#039;m an ancient numismatists, and I can tell you for a fact that the Roman Empire lasted for 213 years after the denarius/double denarius became essentially fiat currency (and nearly 1,200 years more if you count the Byzantine Empire which relied mostly on devalued bronze and billon coinage). Not to mention the fact that the Empire was much stronger 50 years after devaluation than it had been 5 decades prior when the coinage still had silver but the Empire was breaking up into pieces.</p><p><br /></p><p>Not to even mention that China thrived for 2,200 years on nothing but fiat currency, and plenty of other ancient and medieval kingdoms and empires lasted hundreds of years on nothing but fiat currency.</p><p><br /></p><p>It&#039;s hard to sucker people that know history and ancient/medieval numismatists with that snake oil pitch when our books and coin collections contradict the garbage being pumped out by these so called &quot;experts&quot;.[/QUOTE]</p><p><br /></p>

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